Balance of Trade: China

(asked on 5th February 2026) - View Source

Question to the Department for Business and Trade:

To ask His Majesty's Government what estimate they have made of the UK's current trade deficit with China; and what they forecast this deficit will be in each of the next three years.


Answered by
 Portrait
Lord Stockwood
Minister of State (HM Treasury)
This question was answered on 11th February 2026

In the 12 months to September 2025, the UK ran a £43.5bn total trade deficit with China. The UK's goods and services trade balances were -£52.9bn and £9.4bn respectively. Over the same period, the UK ran an overall total trade deficit of £29.9bn with the world. [ONS UK total trade all countries Q3 2025]

Neither the UK government or the Office for Budget Responsibility (OBR), the official forecaster for the UK economy, forecasts bilateral trade balances.

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